May 5, 2024

News and Political Commentary

Europe’s Motor Just Veered Into a Post-Pandemic Ditch

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The full extent of Germany’s industrial decline in 2023 will be revealed in the coming week with a raft of data that’s likely to hit a new post-pandemic low.

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(Bloomberg) — The full extent of Germany’s industrial decline in 2023 will be revealed in the coming week with a raft of data that’s likely to hit a new post-pandemic low.

Three days of releases are expected to show monthly numbers for exports, factory orders and production in Europe’s biggest economy all fell in December, according to the median forecasts of economists. 

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Bloomberg News

2024-02-03 16:22:36

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